no-load

Definition of "no-load"
  1. The quality of not requiring any sales commission
How to use "no-load" in a sentence
  1. The investors preferred the no-load fund as they did not have to pay a sales charge for their investment.
  2. In order to attract more buyers, the company decided to offer no-load funds.
  3. Choosing a no-load fund can potentially save an investor a significant amount in charges.

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